Posted on 12/18/2015 12:27:12 PM PST by Up Yours Marxists
The end of the year does not seem to bode well for Apple, as the tech giant's shares continued to drop 0.3 percent in early Tuesday trading. The company's stocks have now dipped below $110 for the first time since October, pushing the company to new financial lows, according to USA Today.
The drop in Apple's shares continued from Monday, when the company fell by as much as 3 percent, to $109.79 in early Monday trading. Though the stock recovered for a time, it nevertheless closed down 0.6 percent, to $112.48 by the day's end. With the company's high of $134.54 last April in mind, Apple has so far destroyed about $123 billion of its market value this year.
(Excerpt) Read more at hngn.com ...
LOL!
Except your example calculation is completely bogus. A lie you pulled out of your butt.
Apple doesn't own any of the stock, Up Yours Marxists. When Apple buys back a stock share, it ceases to exist. It merely is returned to the pool of authorized shares that could be sold to raise capital. Such authorized shares receive no dividends and have no value, until Apple sells them or issues them as a grant to an employee as compensation, or uses them to acquire another business by trading these shares for the shares of interest in the company being acquired. When Apple holds these shares they do not dilute the value of the outstanding shares.
Apple doesn't "own" them. They can't vote them, nor do they have any power or controlling power. They don't exist until they are re-registered as active.
Your "sense of this" shows you know only nonsense about it!
Liar.
How stupid and ignorant are you, Up Yours Marxists?
Apparently abysmally so, in both cases. Do you believe every ignorant and stupid article you read on the Internet written by ignorant and stupid writers who make stupid, ignorant, and fatuous claims such as claiming a temporary drop in the offered prices of AAPL stock "destroyed value" for you to ignorantly and stupidly parrot, when you haven't a clue about what it means?
Apple lost NOTHING in this. Apple does not pay itself dividends, it merely doesn't payout dividends on stock it has repurchased from investors they To whom Apple would have had to pay dividends had the stock still been outstanding.
Apple lost no money, no investments, from the reduction in its stock value. There has been no "panic mode" and Apple's re-purchase of its own stock has zero to do with what you claim, although they will likely buy more when they share price is down, grabbing some at bargain prices. They've been doing it for several years for financial reasons having to do with profitability and dilution reasons. Again, you don't have a clue about what you're blithering nonsense drivel about. I do. Degrees in Economics and Finance. You, obviously, no idea.
It means Up Yours Marxists doesn't have a clue about what he is talking about and is drooling ignorant dribble out of his slack lips.
Well, that’s still good news. :’(
right and i too can pick any arbitrary point in time and say they created many more billions than 123. Its a terrible argument to claim they destroyed wealth. Its a data point and the writer said this year when clearly the stock was off only $4.00 for the year when i posted.
Stocks go up and down all the time. Unless the company goes out of business the current price merely reflects the valuation the market is putting on it at that particular moment. One person is selling for whatever reason, not always because they think a stock price is too high, but at the same time someone is buying because they believe theres further value.
I’m doing this nearly 40 years and i don’t now nor have i ever owned Apple just so you know i have no skin in the game. Enron destroyed wealth. Worldcom destroyed wealth. The price of Apple today has nothing to do with destroyed wealth. Its a snapshot taking in several variables quite often having very little to do with the actual intrinsic breakup value of the company.
I was wondering when Baron DennisW would show up with his patented set of lies. You’ve reached twenty-eight Pinnochios with this set, DennisW. I won’t even bother to enumerate how uproariously idiotic you are this Friday night.
Have fun in your delusion filled balloon of hot air riding over a boiling sea of nonsense.
Its sinking stink stock price....just more proof of Apple’s suckatude. If you have any part of your mind that has not been lobotomized by the Satanic boytoy Apple cultists....you will have enough sense to run for the exits.
not worldwide. You have a billion or so who will buy one but not some ridiculously overpriced Apple product. They will buy an android. China alone has millions buying the reasonably priced Xiaomi smart phones and tablets. And their workers are not committing suicide the way Apple's are, BTW Xiaomi is killing Apple in China and Asia. Tim Cook is fit to be tied!!!! Up by his boytoy!!
"And their workers are not committing suicide the way Microsoft's, HP's, Sony's, and Nokia's are. . . "
There, I corrected your lie for you, Baron Dennis Won Munchausen.
If I were marketing Xiaomi phones and tablets in China/Asia my advertising campaign would be centered on: Do you really want to but an iphone from a company whose workers are jumping out of windows?
I would design a television ad showing happy smiling Xiaomi workers assembling Xiaomi phones juxtaposed with Apple workers jumping out of windows
What a freakin’ stupid, asinine troll thread. I do believe that UpYours is actually Steve Ballmer on a really bad day. Come to think of it, I’ve never seen a photograph of the two of them together at the same time... Well, enjoy the pie fight, I’ve got other things to do...
How's your guaranteed prediction from four years ago that Apple was going to soon hit $14.59 ($100 adjusted for seven to one split) per share when Apple was over an unadjusted $710 per share. . . not to mention your claim of shorting Apple the non-existing Apple debentures, Baron Dennis Won Munchausen?
Up Yours Marxist does drool and throw metaphorical chairs just like Balmer, doesn’t he. . . and Dennisw Von Munchausen makes a good analog of careening, bouncing, flying falsehood chairs.
I have a very simple rule of thumb.....If their workers are jumping out of windows and off of roofs I am not going to buy their shoddy products. Unhappy workers will f up the product like an iPhone intentionally......
By my calculations it will take an iphone assembly man at FOXCOMM 22.3 years to make enough money to buy one.
WRONG this is a good Apple thread that exposes...... Lets just say the new Star Wars movie blasts though the Apple tyranny of the stooopid
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